CoreLogic's Molly Boesel reports on the latest foreclosure data, which shows that foreclosure inventory fell 24.3% in September, to around 470,000 homes, while the seriously delinquent inventory fell 21.2% year-over-year.

The amount of loans in foreclosure has also fallen year-over-year ever since November 2011, dropping 69.9% since the peak reached in January 2011.

There were 48 states that posted year-over-year declines in their foreclosure inventory in September 2015, and 24 of those states had decreases of more than 20 percent.

The five states with the largest year-over-year drop in the foreclosure inventory were Florida (-42.3 percent), Michigan (-32.8 percent), Idaho (-31.3 percent), Tennessee (-30.6 percent) and Maryland (-30.1 percent). Only Massachusetts (+22.5 percent), Wyoming (+8.9 percent) and the District of Columbia (+4.3 percent) experienced year-over-year increases in the foreclosure inventory.

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